Analysis of sulfuric acid market price on July 5

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July 5, 2023, 5:25 PM

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	July 4	July 5	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	130-200	130-200	0
	Jiangsu area	98% sulfuric acid	120-200	120-200	0
	Zhejiang area	98% sulfuric acid	200-300	200-300	0
	Sichuan area	98% sulfuric acid	350-450	350-450	0
	Hebei region	98% sulfuric acid	150-250	150-250	0
smelting acid	Anhui area	98% smelting acid	1-50	1-50	0
	Shandong area	98% smelting acid	1-80	1-80	0
	Hunan area	98% smelting acid	50-160	50-160	0
	Jiangxi area	98% smelting acid	60-120	60-120	0
	Henan area	98% smelting acid	1-50	1-50	0
	Hubei area	98% smelting acid	50-150(Factory price)	50-150(Factory price)	0
	Guangxi region	98% smelting acid	150-260(Factory price)	150-260(Factory price)	0
	Yunnan region	98% smelting acid	230-280(Factory price)	230-280(Factory price)	0
	Fujian area	98% smelting acid	80-200	80-200	0
	Inner Mongolia region	98% smelting acid	20-120	20-120	0
	Liaoning area	98% smelting acid	40-120	40-120	0
	Sichuan area	98% smelting acid	100-200	100-200	0
	Guizhou area	98% smelting acid	150-200	150-200	0
	Zhejiang area	98% smelting acid	50-150	50-150	0
	Gansu region	98% smelting acid	1-10	1-10	0
mineral acid	Shandong area	98% mineral acid	50-100	50-100	0
	Guangdong area	98% mineral acid	100-200	100-200	0
	Hebei region	98% mineral acid	50-200	50-200	0
	Sichuan area	98% mineral acid	300-450	300-450	0

Today, China's sulfuric acid market fluctuates within a narrow range. As of now, the factory price of 98% of smelting acid in Hubei is 50-150 yuan/ton, and the price of 98% of smelting acid in Fujian is 80-200 yuan/ton. Recently, the downstream phosphate fertilizer market has stopped falling and stabilized, which is good for the sulfuric acid market. Today, shipments of sulfuric acid manufacturers in Panzhihua and other regions have improved. Under low inventories, manufacturers acid prices have increased slightly, ranging from 30 yuan/ton; However, downstream chemical and other industries are still in the off-season. Companies are more cautious in purchasing, the market is mainly on the sidelines, and sulfuric acid prices are discussed individually.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 5 was 102.67, which was the same as yesterday.

3. Future outlook forecast

Recently, the supply of sulfuric acid in the market has remained sufficient. Some companies planning to maintain maintenance in the early stage have postponed maintenance. While the downstream chemical and phosphate fertilizer industries are in the off-season, it is difficult to increase market demand. The market supply and demand are in an unbalanced state. Some manufacturers have offered preferential prices for active shipment. If the transaction price is negotiated at a single price, the sulfuric acid market will continue to operate in a weak position in the short term.